Adam Afriyie is facing bankruptcy proceedings over unpaid taxes. Court
records show a petition for bankruptcy has been filed by HMRC against
the MP,
His IT firm went into insolvency in 2017 apparently due to a £1.7million tax debt
Under parliamentary rules MPs have to stand down if they are declared bankrupt.
A spokesperson for Afriyie says:
“The petition arises for complex reasons related to Adam’s past business interests.
Negotiations have been ongoing for several years and the petition is subject to legal challenge as his advisers are working towards reaching an agreement.”
Afriyie adds:
“I will of course pay any tax that is due.”Tax does have to be taxing.
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